September 20, 1996
Xx. Xxxxxxx Xxxxx
Vice President
The Fuji Bank, Limited
0 Xxxxx Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
RE: CREDIT AGREEMENT BETWEEN THE INTERPUBLIC GROUP OF COMPANIES,
INC. AND THE FUJI BANK, LIMITED, NY BRANCH
Dear Xxxxxxx:
We are writing to you in connection with the Credit Agreement
between The Interpublic Group of Companies, Inc. and The Fuji
Bank Limited, New York Branch dated September 30, 1992 and
effective as of December 16, 1992 (the "Agreement"). Section
2.13 of the Agreement provides that the Borrower may request
extension of the Commitment under the Agreement for an additional
period of one year from the then current Termination Date.
Notwithstanding the dates specified in Section 2.13 of the
Agreement for requesting such extension, we hereby request that
you extend the Termination Date of the Agreement to December 1,
1998. If you are agreeable to our request, please so indicate by
signing and returning the duplicate copy of this letter which we
have enclosed herewith.
Thank you.
Sincerely,
Xxxx X. Xxxxxxx
Vice President & Treasurer
ACCEPTED & AGREED
THE FUJI BANK LIMITED, NY BRANCH
Xxxxx Xxxxxxxxx
Vice President and Manager
Corporate Finance Originations
Date: 11/13/96
cc: Xx. Xxxxxxx X. Xxxxxxx
Xx. Xxxxxxx X. Xxxxx
Xx. Xxxxxx X. Xxxxxx